Source: Hindustan Times

he government’s near-record bond sales begin in two weeks. The lingering question is who’s going to buy the securities.

While the seven-month sell-off in sovereign notes has spurred state-run lenders — the biggest holders — to stay away, global funds too have soured on rupee debt. With scant signs of buying support from any direction, traders are worried about the fate of the Rs 6.06 trillion ($93 billion) borrowing for the year starting April 1.